A major difference between foreign currency futures contracts and forward contracts is that forward contracts are ________

A) sold by government agencies
B) created by banks
C) created by writers
D) marketed on the over-the-counter market


Answer: B

Business

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Semantics focuses on which of the following?

A) the meaning of words B) the sounds of words C) the function of words D) the structure of words

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Costs incurred to keep assets in normal operating condition are called revenue expenditures

a. True b. False Indicate whether the statement is true or false

Business

Prevention costs include ______.

A. costs incurred to prevent defects and errors from occurring before manufacturing the product or delivering the service B. costs of inspecting employees after they have manufactured a product C. costs of managing product returns D. liability resulting from product defects

Business

By definition, a consumer product is intended to do which of the following?

A) fulfill a consumer desire B) fulfill a business need C) promote a brand D) create a consumer's surplus E) match a customer's perceived utility

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